JOURNAL ARTICLE

A U.S. oil blockade on Venezuela could 'devastate' its economy and further pressure Maduro. But how far is Trump willing to take it?

  • Published In: Fortune.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Blum, Jordan 3 of 3

Abstract

The article discusses the implications of the U.S. seizing a Venezuelan oil tanker and President Donald Trump's declaration of an oil blockade against Venezuela, which analysts believe could severely impact the country's economy and pressure President Nicolás Maduro's regime. Experts highlight that Venezuela's economy is heavily reliant on oil, with over 80% of its foreign exchange revenues coming from this sector, and warn that the blockade could lead to hyperinflation, currency devaluation, and fuel shortages. The article also notes logistical challenges in enforcing the blockade and the potential for reduced oil exports, which could exacerbate domestic issues in Venezuela. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2025
  • Accession Number:190329244
  • Copyright Statement:Copyright of Fortune.com is the property of Fortune Media (USA) Corporation and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.